States May Gain Rs 350-450 Billion In Revenue Post GST: StanChart

New Delhi: States can look at a higher revenue of Rs 350-450 billion after GST implementation in mid-2017, says a Standard Chartered report. According to Standard Chartered Bank's report titled India - States' Finances: The other half of the story post GST implementation states can look at a total gain of Rs 350-450 billion, roughly around 0.2-0.3 per cent of GDP. The study that assessed underlying dynamics of various states' finan...